Form 2 in Queensland: Latest Updates

If you have been in the process of buying or selling property in Queensland lately, you’ve probably heard a lot about Form 2: Property Occupations (Disclosure to Buyers). While disclosure forms aren’t new, there have been updates to how things work in Queensland.

It’s only been a few weeks since the rollout, but sellers, buyers and agents are already noticing the impact of this new rule in real-life property transactions. We shared the key details in our article “Updates to Seller Disclosure Requirements in Queensland,” but here are some more updates:.

What does Form 2 change mean for home sellers in Rockhampton?

For sellers, the biggest change brought in by Form 2 is clear: more upfront transparency.

Before listing a property, vendors/sellers now need to complete and sign Form 2 and disclose important details such as:

• Encumbrances, easements and zoning
• Building approvals (or the lack of them)
• Environmental risks and flood history
• Body corporate and service infrastructure information

You might feel like there is more work to do before your home even goes on the market, but the good news is that completing Form 2 greatly reduces the chance of disputes or last-minute surprises as you near settlement. Since buyers understand in greater detail what they are committing to from the start, contracts are far less likely to fall through.

What does Form 2 mean for home buyers in Rockhampton?

For buyers, changes to mandatory disclosures are a big win. Instead of discovering hidden issues during settlement (or worse, after moving in), you now get to review all disclosures before signing anything.

This shift means you can:

• Do your due diligence with more confidence
• Compare properties on a level playing field
• Avoid unpleasant and costly surprises down the track

It’s still wise to seek advice from your conveyancer or a professional building inspector, but having this information upfront gives you a much stronger foundation for decision-making. 

How Form 2 affects real estate agents

Your agent plays an important role in helping you navigate the process of a property exchange, even though we are unable to carry out the paperwork on sellers' behalf. 

We contribute to Form 2 compliance by:

• Helping sellers gather the right information early
• Answering buyer questions with confidence and clarity
• Coordinating with solicitors and property conveyancers to keep things moving smoothly

From our perspective at The Agency CQ, Form 2 is a way to streamline transactions and strengthen relationships. The Real Estate Institute of Queensland has pointed out that this support role is becoming even more important as sellers and buyers adapt to the new system, and we’re happy to provide advice and support where necessary.

Adapting to Form 2 changes

Form 2 marks one of the most significant shifts in Queensland property law in years. While sellers and agents now have slightly more paperwork to complete, buyers are better protected and the overall process to exchange property is becoming clearer and more transparent.

At The Agency CQ, we’ve already seen our clients adjust quickly and confidently. When completed correctly and with the assistance of a professional, Form 2 makes property sales easier and smoother for everyone involved.

If you’re looking to buy or sell in Rockhampton, Yeppoon or anywhere on the Capricorn Coast, partnering with an experienced agent who understands the latest disclosure laws is essential. 

Got questions about Form 2 or want guidance for your next property move? Contact The Agency CQ today. We’re here to help.